In accordance with many estate plans we will create a trust that is formed upon your death, a Testamentary Trust. One common type is a trust for youthful beneficiaries. Under the law a minor cannot receive assets outright from an estate. Instead of having the court decide how the funds will be handled it is important to establish a Trustee to handle the minor’s assets and dictate how those asset should be managed. We also draft tax planning trusts for clients with those needs.
1 (206) 973-3500
130 Andover Park East, Suite 300, Tukwila, WA 98188